When the building changes hands, Lucinda's rent soars to $2,100 per month.

"The price of some basic foods has doubled within the past year and rents are soaring."

But other working tenants are lured into the private market as their rents soar in the projects.

Also, many are being priced out of the neighborhood as rents and property values soar.

In the last few years, the area's residential prices and commercial rents have soared.

The monthly rent has soared to over $10,000 from $3,000 five years ago.

Equity Office was wildly popular with investors because rents in many cities have soared.

Finally, bowling alleys make no economic sense in parts of the country that have seen rents soar.

In some parts of Queens, brokers say, rents are soaring to new heights.

Harbor Steps has become so popular that monthly rents are soaring.